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Learn how Amazon, the American multinational technology company, started as an online bookstore in 1994 and expanded into various product categories and services. Read about its founders, subsidiaries, controversies, and achievements.
Amazon was founded on July 5, 1994, by Jeff Bezos after he relocated from New York City to Bellevue, Washington, near Seattle, to operate an online bookstore.
Amazon officially opened for business as an online bookseller on July 16, 1995. Originally, Bezos had incorporated the company as Cadabra but later changed the name to Amazon. Bezos is said to have browsed a dictionary for a word beginning with A for the value of alphabetic placement.
1 Μαΐ 2023 · Within this article, we’ll explore Amazon’s company history and its rags-to-riches story. The Beginning of Amazon. On July 5, 1994, Amazon was officially founded under the name “Cadabra” (as in abracadabra) by young Princeton graduate Jeff Bezos within a garage space in his rental home in Bellevue, Washington.
30 Μαΐ 2024 · Amazon made its debut on the stock market on May 15, 1997, trading under the NASDAQ symbol AMZN. During its initial public offering, the company's shares were priced at $18 each, and since then, they have experienced a yet significant growth, rising by a staggering 211 times.
22 Σεπ 2023 · Jeff Bezos launched it on July 5, 1994, in Washington, United States; it is based in Seattle and services people all over the world. Amazon has spread its wings all across the globe, including India, where the customer base is seemingly mammoth.
18 Μαρ 2020 · Learn how Jeff Bezos started Amazon as an online bookstore in 1995 and turned it into the world's largest online retailer. Discover the key milestones, innovations, and challenges of Amazon's journey from a garage project to a global empire.
